April 14, 2025 Market Analysis
Currently, the daily chart shows an ascending wedge, with a bottom divergence at the weekly level, still indicating a rebound and not a reversal. A few days ago, I mentioned a short around 85,000 (yesterday I advised everyone to take profits), and today it is still hovering around 85,000, further demonstrating that this level is a significant resistance
Additionally, with Trump's unpredictable stance on tariffs, it increases market uncertainty
In terms of operational suggestions: I personally will enter a small long position at 82,450, and if it doesn't drop further, a good rebound can be expected around 78,500, where a larger position can be taken
OM/GPS/FUN/VTHO
